Today: 2 July 2026
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SGX:S63.SI 27 January 2026 - 2 February 2026

Stock Market Today

  • SoFi (SOFI) Rises Before Q2, Eyes On $22.41 Convertibles
    July 2, 2026, 8:04 AM EDT. SoFi Technologies (NASDAQ:SOFI) traded up 2.84% at $18.44 before its July 29 Q2 report, but still under the $22.41 conversion price for $428 million in 2026 zero-coupon convertible notes. These notes convert to stock at $22.41 a share by October 15, putting focus on where shares go next. SoFi's tangible book sat at $7.21 in Q1, with the stock changing hands at about 2.6x that, and still below the average analyst price target of $20.90. The company just launched small business loans to broaden revenue, though analysts are wary of near-term effect. Investors are watching for updates on earnings and how SoFi manages its capital as the convertible maturity gets closer.
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